Discussion
GM βοΈ
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GOOD MORNING ππ
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While I understand that most are still stuck in Gresham, I've already put myself in Their. π€· I only accept good money. π«‘πͺ
Damn autocorrect π
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I have no idea what either law is.
Care to give the cliff notes so I don't have to research them lol.
Greshamβs Law: bad money drives out good when people are forced to accept both. They hoard the good (scarce, stable) and spend the bad (inflated, manipulated).
Thiersβ Law: good money drives out bad when choice is free. The stronger currency - scarce, incorruptible - naturally prevails.
One thrives on coercion, the other on freedom. Money reflects trust - the better choice always endures.